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Feb 28, 2013
02/13
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joining us now is masuki kitchikawa. thanks very much for joining us. with this appointment, what happens now? >> well, actually, the nomination of mr. kuroda is a best of choice in my view because he's a very strong performer for more aggressive monetary easing. but as a former minister in finance in charge of international finance, he has a very deep understanding of international financial markets, including frank change. also, he has a strong skill to manage the strong bureaucratic institution like boj. he's a best choice as the next governor. >> does this mean it's more likely we might change the bank of japan law, as well? >> well, yes. the nomination was a kind of surprise and he haas has been a kind of proponent for revising the boj low. if the boj turned out to be slow to change, even after the new governor is inaugurated, i think that the prime minister abe would become more serious about changing boj low. so nomination is kind of message from the cabinet to the boj people. >> the market has priced in a lot. the nikkei has gone to more than 11
joining us now is masuki kitchikawa. thanks very much for joining us. with this appointment, what happens now? >> well, actually, the nomination of mr. kuroda is a best of choice in my view because he's a very strong performer for more aggressive monetary easing. but as a former minister in finance in charge of international finance, he has a very deep understanding of international financial markets, including frank change. also, he has a strong skill to manage the strong bureaucratic...
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Feb 12, 2013
02/13
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chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues...
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Feb 8, 2013
02/13
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jewel yeah is in brussels for us and joins us now. jewels, they had an all-night meeting and this has been portrayed as a potential victory for david cameron. is that how it's going to play out? >> if we end up with a real term cut in its budget, it's arguably a real term budget. i think he's going to have a tough time coming back to the uk and explaining that on monday if this is actually what we get. we're expecting the talks to resume in just under an hour's time and they're hoping to have a final proposal at that stage and things could move quite quickly. we live in hope. what we have heard earlier is that the rumors that italy are happy, so that would fit with this suggestion. but, you know, i know you were making the point earlier that this is a symbolic decision. we're talking about a sum of money that's ohm around 1% of the entire gdp of the eu. but i want to make the point that for some of the smaller members of the eu, this is vital money. i'll give you a staff on this. european commission estimates that 97% of the public in
jewel yeah is in brussels for us and joins us now. jewels, they had an all-night meeting and this has been portrayed as a potential victory for david cameron. is that how it's going to play out? >> if we end up with a real term cut in its budget, it's arguably a real term budget. i think he's going to have a tough time coming back to the uk and explaining that on monday if this is actually what we get. we're expecting the talks to resume in just under an hour's time and they're hoping to...
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Feb 19, 2013
02/13
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so come back to us. guys, for now, it's back to you. >> i was just thinking, you should ask him about the comments from the japanese prime minister who suggested that everybody in italy has gone out and spent their money and they haven't saved it like in japan. so get some feedback from that, right? >> yeah, i will. 11% savings rate here, by the way. >> exactly. >> interesting. >> exactly. which is why they may slightly disagree with those comments. >>> meanwhile, italy is attracting criticism. the finance minister is taking a swipe at italians suggesting that excessive spending is a national trait. >>> also, the italians see very little merit to living within their means according to the japanese finance minister and he references his only italian friends saying they prefer fought to have savings when they die can clearly jules has just disproven. >> i don't understand in this situation why he would want to point the finger at italians in a tongue and cheek away even at a time when japan is trying to in
so come back to us. guys, for now, it's back to you. >> i was just thinking, you should ask him about the comments from the japanese prime minister who suggested that everybody in italy has gone out and spent their money and they haven't saved it like in japan. so get some feedback from that, right? >> yeah, i will. 11% savings rate here, by the way. >> exactly. >> interesting. >> exactly. which is why they may slightly disagree with those comments. >>>...
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Feb 18, 2013
02/13
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since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. today is gonna be an gimportant day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> italy's mario montanaty is calling on the candidates to appear in a televised debate as he's struggling to gain ground in his first ever campaign. jules is in milan. anybody nibbling at his debate idea, jules? >> well, what we've seen is that he's in fourth place behind berlusconi, behind the comed
since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. today is gonna be an gimportant day for us. you ready? we wanna be our brother's...
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Feb 26, 2013
02/13
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it's always good to see you pup if you have any thoughts or comments, e-mail us or tweet us. still to come on the program, can italy tread the rocky road to the coalition government inspect we'll have the latest from milan. plenty more to come in the second hour of today's "worldwide exchange." we'll be right back in just a few moments. >>> this is "worldwide exchange" and i'm ross westgate. european stocks plunge as political gridlock in italy sends jitters through the markets. bersani secured the lower house but no one secured a majority in the senate. they're heading to hold crisis talks in one hour. >>> and ben bernanke heads to capitol hill to try and provide some soothing words about fed policy and try and calm investor fears about growth. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. if you just joined us, very good morning to you. welcome to the start of your global trading day. now, it's all about the results of the italian elections from european trade. as far as u.s. futures are concerned, we're
it's always good to see you pup if you have any thoughts or comments, e-mail us or tweet us. still to come on the program, can italy tread the rocky road to the coalition government inspect we'll have the latest from milan. plenty more to come in the second hour of today's "worldwide exchange." we'll be right back in just a few moments. >>> this is "worldwide exchange" and i'm ross westgate. european stocks plunge as political gridlock in italy sends jitters through...
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Feb 21, 2013
02/13
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tell us what you think. e-mail us, world would it@cnbc.com, tweet us, @cnbcwex. see what it's like up there in scotland with ross westgate while he's on holiday. >>> meanwhile, has the industry just been dealt a serious setback? the uk's network auction raised much less than expected. still, our next guest says 4g is set to drive a commerce boom. welcome. >> thank you. >> first of all, how much of a setback is the fact that britain only raised, what, about 2.5 billion pounds at the latest auction? that's 60% of what it was hoping. >> it's really good news for the industry. >> it's really good news and in the recent internet consumer research, we have seen that 40% of the consumers are more likely to invest on mobile and to pay on mobile. we see the increasing odds of the speed as a possibility for mobile to divvy up very quickly now. it's interesting because it's not only operator for four carrier. it's also forestry. >> why is mobile commerce for important to the future of 4g? >> it's not only a question of speed because customers are connecting with internet, w
tell us what you think. e-mail us, world would it@cnbc.com, tweet us, @cnbcwex. see what it's like up there in scotland with ross westgate while he's on holiday. >>> meanwhile, has the industry just been dealt a serious setback? the uk's network auction raised much less than expected. still, our next guest says 4g is set to drive a commerce boom. welcome. >> thank you. >> first of all, how much of a setback is the fact that britain only raised, what, about 2.5 billion...
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Feb 5, 2013
02/13
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that's not how the enterprise uses the ipad. they're using robust software. year seeing doctors and lawyers and architects out in the field with big auto cad files, big x-ray files, big embedded video. also, the students, i can see a lot of use for that because the i books that apple launched about a year and a half ago, those are really intensive, big files, as well. that's why you didn't know much about it, but i don't think apple wants the average consumer to think of the ipad as almost a $1,000 device. it's not the average user that's going to be selling out $1,000 for this ipad. it's going to be the enterprise. if you get one of these big ipads, it's probably because your work has given you one. >> just one thing, natalie. if we store lots of big files and apps on the cloud, do we still need more power or more storage to access them? >> well, no, not really. that's going to be a -- that's going to be a factor of the processor inside the tap let that you're using and your connectivity. so either your wi-fi or your 3g or your 4g connection. so whatever you
that's not how the enterprise uses the ipad. they're using robust software. year seeing doctors and lawyers and architects out in the field with big auto cad files, big x-ray files, big embedded video. also, the students, i can see a lot of use for that because the i books that apple launched about a year and a half ago, those are really intensive, big files, as well. that's why you didn't know much about it, but i don't think apple wants the average consumer to think of the ipad as almost a...
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Feb 14, 2013
02/13
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phil lebeau first brought us the news last night and joins us from dallas. phil, hope you got some sleep. what are the press pekts for this corporate tie-up? >> we're going to hear about this from bog of you. the eeo of us airways and the ceo will main the joint announcement here in dallas and later on in the doug, doug parker will be to tempe, arizona, ask talk with the employees there. doug parker is going to be the ceo of the new american airlines. he'll effectively be running it day-to-day. tom borden will be taking the position of nonexecutive chairman at least through the middle of 2014. but essentially, this will be doug parker's airline to run. and the importance of this merger cannot be overstated. this will be the world's largest airline. when you look at combining us airways and american, not only do they compliment each other here in the united states, but the dominance that they're going to have when you combine american in latin america along with american to heath row with us airways to european cities like amsterdam and brussels, these guys a
phil lebeau first brought us the news last night and joins us from dallas. phil, hope you got some sleep. what are the press pekts for this corporate tie-up? >> we're going to hear about this from bog of you. the eeo of us airways and the ceo will main the joint announcement here in dallas and later on in the doug, doug parker will be to tempe, arizona, ask talk with the employees there. doug parker is going to be the ceo of the new american airlines. he'll effectively be running it...
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Feb 7, 2013
02/13
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joining us now is micholo groscove. thanks for joining us. >> good morning. great to be here. >> sony seems to be evolving. i wonder as it moves away from tvs into some of these imaging products, what kind of competition it faces and how much of a weaker yen it will face against its korean rivals. >> well, the yen is very important picture, especially as we look at the latest quarterly results. if you take into account somewhat of a strengthening won, that really kind of levels the playing field a little bit. but if we look at the longer term picture, it's about the transformation for them. so they've always been an imaging company, but what they're going to try to do is shift to t focus towards this imaging and imaging sensory and away from reliance on lcd tvs. they're going through a transition within their television business and this is mainly consisting of shifting to 4k televisions and tvs within that as a projection technology. but this shift is really a long-term proposition. same goes for the crystal lcd tvs. so for 2013 we'll be looking to -- sony w
joining us now is micholo groscove. thanks for joining us. >> good morning. great to be here. >> sony seems to be evolving. i wonder as it moves away from tvs into some of these imaging products, what kind of competition it faces and how much of a weaker yen it will face against its korean rivals. >> well, the yen is very important picture, especially as we look at the latest quarterly results. if you take into account somewhat of a strengthening won, that really kind of...
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Feb 13, 2013
02/13
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send in photos to us at "worldwide exchange." e-mail us or tweet us. feel free to offer some more detail on how the whole process works. >> can we get a still -- >> one final still image. >> no, cutter still -- >> i see. that's not it. there it is. there it is. >> all right. fine. >> a tease. >> a shaggy dog story. >>> the u.k. clothing republic reporting, a chain acquired in 2010 by private equity group tpg will appoint ernst and young as its administrator. a different story for the cambridge satchel company. the bag company was launched on a kitchen table with 600 pounds. now its products are stocked by retail giants like herod's and blacking dale's. the -- bloomingdale's. the company opens today in covenant garden. joining us, ceo of cambridge. you're opening a store, why? >> today apparently. it must be done. >> yeah. >> we've been working mainly on line. we were getting lots and lots of emails from people saying we're coming to the u.k., where cooane find a type of bag. there are 126 variants of what we do, colors and sizes. well we have fantastic
send in photos to us at "worldwide exchange." e-mail us or tweet us. feel free to offer some more detail on how the whole process works. >> can we get a still -- >> one final still image. >> no, cutter still -- >> i see. that's not it. there it is. there it is. >> all right. fine. >> a tease. >> a shaggy dog story. >>> the u.k. clothing republic reporting, a chain acquired in 2010 by private equity group tpg will appoint ernst and...
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Feb 11, 2013
02/13
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e-mail us, worldwide@cnbc.com. tweet us or reach us directly. as many people were upset that i haven't seen the latest "skyfall" movie as much as they are excited about the iwatch. >> that's the top of the list, the kelly. >> i'll move it up. >> too late. >>> next, we'll be in brussels. we'll be there in just a few moments. what are you doing? work? work. cdw configured these lenovo thinkpad ultrabooks with intel core i7 processors. so, we can work anywhere. anywhere? sure - on the beach, in the woods, at the lake. what about on the green? let's not get ahead of ourselves. oh!!! more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, r
e-mail us, worldwide@cnbc.com. tweet us or reach us directly. as many people were upset that i haven't seen the latest "skyfall" movie as much as they are excited about the iwatch. >> that's the top of the list, the kelly. >> i'll move it up. >> too late. >>> next, we'll be in brussels. we'll be there in just a few moments. what are you doing? work? work. cdw configured these lenovo thinkpad ultrabooks with intel core i7 processors. so, we can work anywhere....
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Feb 20, 2013
02/13
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give us your thoughts at worldwide@cnbc.com or tweet us. we'll keep an eye on the sterling/dollar, down .6%. just sitting there after the big sell-off following minutes from the bank of england. mervyn king is no ben bernanke, that seems to be the case. >>> ahead on the program, u.s. consumers are feeling the pain at the pump as rising gas prices threaten to dent an already weak recovery. is there any relief in sight? great, everybody made it. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> welcome back to today's wrecks. ross is away.
give us your thoughts at worldwide@cnbc.com or tweet us. we'll keep an eye on the sterling/dollar, down .6%. just sitting there after the big sell-off following minutes from the bank of england. mervyn king is no ben bernanke, that seems to be the case. >>> ahead on the program, u.s. consumers are feeling the pain at the pump as rising gas prices threaten to dent an already weak recovery. is there any relief in sight? great, everybody made it. we all work remotely so this is a big...
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Feb 15, 2013
02/13
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since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> airbus will drop the use of lithium batteries in its aircraft. european planemaker which says the decision is based on reducing uncertainfy in the delivery schedule has begun in forming airlines of the upcoming a-350 will instead use nickel kadium batteries. they're looking at having the first a-350 planes in service during the first half of 20134. >>> carnival cruise lines says all the passenger are off the disabled shift that was towed into port end ago five-day deal. it was set adrift in mexico on sunday after an engine room fire damaged the propulsion system. toilets stopped working and there were food shortages. some of the more 4,000 passengers and crew say they
since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> airbus will drop the use of lithium batteries in its aircraft....
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Feb 1, 2013
02/13
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let us know. e-mail us, tweet, @cnbcwex or tweet direct to me, @rosswestgate. >> john tweeted in saying he will spend hundreds to watch the super bowl. hundreds of dollars. you've got to spend at least 800. so are you prepared to spend at least $800 to watch the super bowl? and if it's from a couch, it's going to be a little more than that. >>> still to come, we find out if america's jobs recovery has more room to run. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. yo
let us know. e-mail us, tweet, @cnbcwex or tweet direct to me, @rosswestgate. >> john tweeted in saying he will spend hundreds to watch the super bowl. hundreds of dollars. you've got to spend at least 800. so are you prepared to spend at least $800 to watch the super bowl? and if it's from a couch, it's going to be a little more than that. >>> still to come, we find out if america's jobs recovery has more room to run. [singing] hoveround takes me where i wanna go... where will...
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Feb 4, 2013
02/13
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tina is still with us. you've said it it's italy that is the most important thing to watch as we continue to assess whether europe's rolling debt crisis is truly behind pus. >> that's right. not ohm is italy a major economy in the eurozone having elections this year, but there are a lot of moving pieces in this election. >> and berlusconi, it's a bird, a plane, a superman? it's teflon. >> he has the remarkable ability to re inveinvent himself and he colorful character. however, looking at the data, it is highly unlikely that he'll be able to win a majority. >> what does that mean? what are the prospects, first of all, of him coming back to power in any capacity and, secondly, from a government that needs a mandate? >> two different points. when we look at the totally of the preelection data, you see a very mixed bag. you have a new party list from mario monti hovering between 10% and 15%. then we have a new political party. we've talked a lot about what we call meats in the eurozone parties led by grillo. t
tina is still with us. you've said it it's italy that is the most important thing to watch as we continue to assess whether europe's rolling debt crisis is truly behind pus. >> that's right. not ohm is italy a major economy in the eurozone having elections this year, but there are a lot of moving pieces in this election. >> and berlusconi, it's a bird, a plane, a superman? it's teflon. >> he has the remarkable ability to re inveinvent himself and he colorful character....